167 Covent Crescent, Aurora

Price: $1,469,900

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13418170

Nestled within one of Aurora's most prestigious and picturesque communities, this exceptional 4-bedroom residence blends elegance, comfort, and modern sophistication. Located in the highly sought-after Aurora Highlands, surrounded by mature trees and timeless charm, the home reflects impeccable pride of ownership and meticulous attention to detail throughout. Offering nearly 3,000 sq. ft. of beautifully finished living space, the home features smooth ceilings, custom lighting, and a thoughtfully designed layout that is both functional and inviting. Step outside to a private backyard retreat, thoughtfully designed for relaxation, entertaining, and enjoying the outdoors. Whether hosting family gatherings or unwinding in a peaceful setting, this outdoor space offers the perfect extension of the home. The fully finished basement provides additional living space with a versatile recreation area, ideal for movie nights, a home gym, games room, or family lounge. Every space has been carefully designed to balance comfort, style, and functionality. The upgraded garage features a sleek epoxy-coated floor, modern lighting, and an EV charging station, adding convenience for today's homeowner. Surrounded by top-rated schools, scenic parks, walking trails, and a full range of amenities, this remarkable property offers an outstanding lifestyle in one of Aurora's most desirable neighborhoods.

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active
New Listing
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$1,469,900 - 167 Covent Crescent, Aurora

Detached for Sale in Aurora

New — Listed 5 days ago
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13418170
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Aurora
Listing Brokerage
UPPERSIDE REAL ESTATE LIMITED
Description

Nestled within one of Aurora's most prestigious and picturesque communities, this exceptional 4-bedroom residence blends elegance, comfort, and modern sophistication. Located in the highly sought-after Aurora Highlands, surrounded by mature trees and timeless charm, the home reflects impeccable pride of ownership and meticulous attention to detail throughout. Offering nearly 3,000 sq. ft. of beautifully finished living space, the home features smooth ceilings, custom lighting, and a thoughtfully designed layout that is both functional and inviting. Step outside to a private backyard retreat, thoughtfully designed for relaxation, entertaining, and enjoying the outdoors. Whether hosting family gatherings or unwinding in a peaceful setting, this outdoor space offers the perfect extension of the home. The fully finished basement provides additional living space with a versatile recreation area, ideal for movie nights, a home gym, games room, or family lounge. Every space has been carefully designed to balance comfort, style, and functionality. The upgraded garage features a sleek epoxy-coated floor, modern lighting, and an EV charging station, adding convenience for today's homeowner. Surrounded by top-rated schools, scenic parks, walking trails, and a full range of amenities, this remarkable property offers an outstanding lifestyle in one of Aurora's most desirable neighborhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,501.86/mo

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5-yr fixed avg.

Principal: $1,175,920Interest: $774,639
Mortgage Amount$1,175,920
Total Interest$774,639
Est. Property Tax$1,041/mo
Total Cost$1,950,559

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Aurora

Discover Aurora

Aurora is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Aurora

  • Convenient location in Aurora
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Aurora offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

167 Covent Crescent, Aurora

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,041
Insurance (est.)-$306
Net Cash Flow+$2,353

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $735/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Aurora's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Aurora are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Aurora.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Aurora properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    167 Covent Crescent, Aurora — $1,469,900 | Battaglia Team